Charleston SC Single Family Homes For Sale 571 Homes

Table of Content

• Highest and lowest paying health care jobs in Charleston, South Carolina
• REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS
• You're Part of the Family at N & M Homes
• Charleston SC Recently Sold Homes
• Mobile Home Options Fit Your Lifestyle and Budget
• Popular Neighborhoods in Charleston
• Morris St, Charleston, SC 29403
• How to buy a home in Charleston, SC

Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor. The Charleston housing market is certainly benefiting from a local economy that has gained worldwide attention. The Charleston real estate market contains multiple, sizable renting populations aside from a growing workforce that cannot afford to buy local single-family homes. The strong job market and relatively limited space are driving up rents and home values. Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit. Mortgage transactions on condominiums or multi-unit properties are also excluded.

From the moment you walk in the door of N & M Homes, you'll be greeted by someone in our family. We offer 139 years of experience with our team and we are truly a family business. We offer the convenience of a large selection with over 30 properties in our inventory at all times. We don’t want you to get in over your head when purchasing manufactured homes in Charleston, SC. That’s why we provide options for everyone, regardless of what their lifestyle or budget may be. Our team of experienced mobile home dealer sales staff is dedicated to helping you find a quality home that meets your specific budget and needs. Percentages are based on the number of housing units for each type over the total number of units across all types.

Highest and lowest paying health care jobs in Charleston, South Carolina

The Charleston region’s population is growing 3X faster than the U.S. average, to more than 813,000. A steady stream of well-educated young talent, who come for jobs – or create their own in our business-friendly community – are helping to boost that number. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests.

Meanwhile, sales are almost exactly where they were last year, suggesting a leveling off, while prices continue to escalate throughout the sought-after Charleston region. In May 2022, Charleston home prices were up 16.8% compared to last year, selling for a median price of $516K. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. We know how frustrating it can be to try to talk to someone about your services who doesn't even live in this state. Home Telecom has been locally-owned and operated for more than 118 years.

REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS

The state doesn’t require a license to be a landlord, though a license is required to rent a property out short-term via AirBnB. South Carolina makes it rather easy to evict someone for non-payment of rent, committing violent acts, and engaging in illegal activities in the unit. As of May 2022, Charleston, Charleston County, SC Unemployment Rate is at 2.60%, compared to 2.10% last month and 3.00% last year. Industry growth shows no signs of slowing down, and property values are expected to continue to rise for the foreseeable future. As workers move into the area, following jobs or looking for career advancement opportunities, local inventory will most likely continue to shrink.

The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas. We’re going to outline factors that matter to real estate investors instead of listing quality of life issues and tourist attractions that draw people to an area. Homes in the Charleston SC real estate market have gone up nearly 30% year over year.

You're Part of the Family at N & M Homes

The increase in Charleston home prices is easily explained by the theory of supply & demand. Whenever there is a limited supply of an item that is in high demand, prices increase. In real estate, it takes a six-month supply of existing salable inventory to maintain pricing stability. In the Charleston housing market, anything less than 5.5 months will cause home values to appreciate and anything greater than seven months will cause prices to depreciate.

On Realtor.com, the median listing home price in Charleston County, SC was $505,000 in April 2022, trending 18.8% year-over-year. In a buyer's market, properties sell slowly, and buyers do not have to compete so much with each other to score a property. These market circumstances typically make sellers eager to charge less on a house than they would otherwise. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. Only mortgage transactions on single-family properties are included.

In the last 10 years, Charleston has experienced some of the highest home appreciation rates of any community in the nation. Charleston real estate appreciated 117.39% over the last ten years, which is an average annual home appreciation rate of 8.07%, putting Charleston in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Charleston definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level. Different neighborhoods within a city or town can have drastically different home appreciation rates. Our data are built upon median house values in each neighborhood, and combine data from the United States Bureau of the Census with quarterly house resale data.

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The proportion of homes and apartments in the city built within a certain time period. The most prevalent building size and type in Charleston are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.12% owning and 46.88% renting. Charleston, once best known for its rich history dating back to the mid-seventeenth century, is quickly gaining recognition as a destination resort that caters to discerning travelers. The city sits on the Atlantic coast, the ocean breezes mediating the warm summer climate and keeping winter’s chill at bay.

A buyer's market indicates that buyers have greater control over the price point. So you are looking for homes with newest listings in Charleston, SC? Realtor.com® wants to make sure you can search for a house with newest listings with ease. That is why we have compiled a list of 126 homes with newest listings that are currently for sale within Charleston, SC residential boundaries, including open house listings.